Exclusive-European companies set to receive two thirds of future mobile satellite spectrum, rest for non-EU firms, sources say

BRUSSELS, May 26 (Reuters) – The European commission is ​set to ‌allocate two thirds of lucrative mobile satellite spectrum to ‌European ​companies, ⁠with the ⁠rest available for non-European rivals such as Elon Musk’s ​Starlink and Amazon’s low-earth-orbit ⁠satellite ⁠business Leo, people ​with direct knowledge ​of the matter ‌said on Tuesday.

The EU executive will next ⁠year allocate mobile satellite spectrum currently used ⁠by ‌American companies ⁠Viasat and ​EchoStar ‌and which is ​due to ⁠expire in May 2027.

(Reporting by Foo Yun CheeEditing by David ​Goodman)